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When Grahams father died his family experienced financial hardship. His mother turned their home into a boarding house and began to buy stocks but failed miserably due to the crash of 1907. "Dora's business efforts failed and her disastrous attempts to improve her fortunes by trading in odd lots of stock on margin made matters even worse. The young Graham grew up in the knowledge of just how badly investment losses can hurt a family." (Gough 129) Despite the difficulty and hardship he experienced Graham received a scholarship to attend Columbia University. This point in his life is when his intelligence and genius were beginning to be recognized...
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